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A company reports the following income statement and balance sheet information for the current year: Net income $459,280 Interest expense 81,050 Average total assets 5,810,000

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A company reports the following income statement and balance sheet information for the current year: Net income $459,280 Interest expense 81,050 Average total assets 5,810,000 Determine the return on total assets. If required, round the answer to one decimal place. %

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